Des Moines

Parent Organization: Neighborhood Finance Corporation

Location Information

1912 6th Ave, Des Moines, IA, USA

Phone 5152460010

NFC provides unique lending programs and other services to facilitate neighborhood revitalization in Polk County and Cedar Rapids, Iowa through partnerships with residents, governments, community-based organizations, lending institutions and the business community. NFC provides forgiveable loans. For more information on our programs and services, please visit the Loan Programs page.

This program is made possible through partnerships with the Cities of Des Moines, Cedar Rapids, West Des Moines, Windsor Heights, Urbandale, Polk County, and Des Moines and Cedar Rapids area financial institutions and neighborhood associations.

NFC is a proud Chartered Member of NeighborWorks America.


  • Purchase Loans
  • Refinance Loans
  • Home Improvement Loans
  • Front Porch Home Improvement Loan
  • Neighborhood Reinvest Down Payment Deferred Loan


Loans have no income restrictions.The home must be in an NFC lending area. ‘Visit the Neighborhood Finance Corporation Webpage to see a map of which neighborhood's qualify.

For a purchase and refinance loan, the maximum 1st mortgage loan amount is $300,000 (up to 80% loan to value). Loan Committee approval is required for loans over $180,000.

For a home improvement loan, the maximum mortgage loan amount is $180,000 (up to 95% loan to value).

For home purchase loans, possible closing cost assistance of up to $2,000 or $2,500 available in most of the lending areas (Determination of whether or not closing cost assistance is received and if so, the amount, cannot be made until after a complete application and supporting documentation has been reviewed by NFC.)

The forgivable renovation and closing cost funds are five-year forgivable mortgages with 20% forgiven for each year of owner-occupancy. You must occupy the home for five years to receive full forgiveness.

Intake Process:

Please visit the How to Apply page to complete a loan application and for additional information. The NFC application fee is a non-refundable $57.


No Cost to Participant

Handicap Accessible: No

Appointment Needed: No

Website: View Website